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INTERNATIONAL TECHNOLOGY CORPORATION DECLARES QUARTERLY DIVIDEND ON CUMULATIVE CONVERTIBLE EXCHANGEABLE PREFERRED STOCK

TORRANCE, Calif., March 8 /PRNewswire/ -- International Technology Corporation (NYSE: ITX) today declared a quarterly dividend to holders of its 7% Cumulative Convertible Exchangeable Preferred Stock. The dividends are payable March 29, 1996 to holders of record on March 18, 1996. Dividends are payable at the rate of $43.75 per share of the preferred stock. The dividend on the preferred stock is payable at the rate of $0.4375 per depositary share to holders of record of depositary shares on March 18, 1996. Each depositary share represents one one-hundredth of a share of the preferred stock.

International Technology Corporation, based in Torrance, California, is a leading environmental management company providing services to government and industry. The Company's common stock and depositary shares are traded on the New York Stock Exchange under the symbols ITX and ITX pr, respectively.
 -0- 3/8/96


/CONTACT: Anthony J. DeLuca or Philip H. Ockelmann, 310-378-9933/

(ITX)

CO: International Technology Corporation ST: California IN: ENV SU: DIV

DM -- LAF028 -- 1657 03/08/96 14:31 EST
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Publication:PR Newswire
Date:Mar 8, 1996
Words:171
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